Housing Market
Housing starts jumped 11.3% in December, a sign of a strengthening economy. The housing market remains strong despite a recent increase in mortgage rates. Kim Kroner (703) 946-2526 Kim@KimKroner.com www.KimKroner.com Top Producer - NVAR Multi Million Dollar Club Associate Broker REALTOR Licensed in VA & MD Long & Foster Christie's International 309 Maple Ave West Vienna, VA 22180 | |
The NAHB Housing Market Index pointed to a slightly less confident outlook among home builders. However, the reading of 67 is still favorable. | |
Buyer demand is considered abnormally strong for the off-season, as tight inventory and possibly increasing mortgage rates give buyers a sense of urgency. |
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